Since the US Customs Modernization Act, which entered into force in 1994, the responsibility and LIABILITY to conform to all material Customs Laws and Regulations has fallen squarely on to the Importer of Record. All US importers have the legal responsibility to “exercise reasonable care” in all aspects of their importations. Various tools such as ACE Accounts, US Customs own website, corrective measures for identified material violations, and methods for finding data-driven opportunities are good-to-know things for those associated with these domains.

Join this session by expert speaker Randi S. Waltuck Barnett to see a practical demonstration of establishing a FREE US Customs ACE portal account, extracting meaningful reports on a timely basis, and best practices for analyzing extracted data. Also, find hidden data sources to help you ensure that you have complete and accurate data at your disposal, to prove that you are exercising reasonable care, and mitigating your import compliance risks. Lastly, learn how to use the ACE reports data to identify not only your potential import compliance risks, but some potential strategic trade opportunities for possible landed-costs savings as well.

Session Highlights

What are the essential areas under the US Customs Modernization Act (“Mod Act”) that you can review using free ACE data?

How can I set up an ACE account for my company?

Are there other US Imports that I won’t find in the ACE data, and if so, how can I gain access to that data?

What ACE reports can I use to see my company’s import activity?

What are some best practices for reviewing the ACE report data to mitigate risks?

How can I use the ACE report data to find cost-saving opportunities?

Who should attend?

Individuals associated with the following industries:

Import Compliance

Customs Compliance

Global Trade Solutions/IT

Supply Chain

Legal

Finance

Purchasing

Risk Management

About Our Speaker(s)

Randi S. Waltuck Barnett Ms. Waltuck Barnett is a highly regarded global trade professional, having created and implemented global and domestic trade compliance programs across many industries for companies large and small. Her experience includes oversight of a $5B, 65-location division of Honeywell, a $3B, 17-location division of Motorola, G... More info